Former Entain execs sue company over bribery case
Former Chief Executive Officer of global gambling operator Entain, Kenny Alexander, and former Chairman, Lee Feldman, have sued the company and its law firm Addleshaw Goddard.
The Financial Times reported that Alexander and Feldman are suing the company and law firm for sharing “privileged information” without their consent during a bribery investigation involving Entain’s former Turkish business, Headlong Limited. The pair are looking for a court order to see this information.
Headlong Limited was acquired in 2017 by Ropso Malta Limited. Reports suggested that Entain, then known as GVC Holdings, continued to benefit from the Turkish brand for the years following its sale.
An investigation by His Majesty’s Revenue and Customs expanded to cover potential offenses under Section 7 of the Bribery Act 2010. Entain reached a voluntary deferred prosecution agreement with the Crown Prosecution Service In November 2023.
Entain agreed to pay a financial penalty, including £585 million (US$739 million)1 GBP = 1.2625 USD
2025-02-18Powered by CMG CurrenShift in profits and a £20 million (US$25.3 million)1 GBP = 1.2625 USD
2025-02-18Powered by CMG CurrenShift charitable donation.
Alexander and Feldman left Entain in 2020 but argue that Entain’s law firm, Addleshaw Goddard, should have shared advice given to the operator with them.
According to a spokesperson for the pair, “They trusted throughout this time that their personal interests were properly protected and have therefore repeatedly sought unfettered access to all of that legal advice.”
Entain Chief Executive Officer Gavin Isaacs recently stepped down after just five months, leaving Non-Executive Chair Stella David to take the role on an interim basis.
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